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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

March 2026 20 articles
21 21

US has allowed 30-day sale of Iran oil at sea to curb prices. Can India benefit?

The US Treasury Department's Office of Foreign Assets Control (OFAC) issued a 30-day General License (GL) authorizing transactions necessary for the sale, de...

GS2 (International Relations) GS3 (Energy Security Economy) International Relations Economics 5m
21 21

Desperate measures: Why Trump suspended sanctions on Iranian oil at sea

The Trump administration issued a 30-day general licence waiving sanctions on Iranian crude oil already in transit at sea — approximately 140 million barrels...

GS2 GS3 International Relations Economics 5m
21 21

World Bank report suggests “New Water-Food Nexus Framework” for smarter hydrological use to feed 10 billion people

A new World Bank report released in March 2026 proposes a "New Water-Food Nexus Framework" to avert a global food-water crisis as the world population approa...

GS1 GS2 GS3 Environment & Ecology Economics Geography 5m
21 21

Beyond imports and subsidies: Reckoning with fertilisers, driven by domestic innovation

A policy analysis argues that India's fertiliser strategy — currently dominated by heavy imports and large subsidies — needs a structural shift toward domest...

GS3 (Agriculture Food Security Government Schemes) Economics Environment & Ecology 5m
21 21

Exploring oil palm’s untapped carbon sequestration potential

A growing body of research and policy discussion is examining oil palm's potential as a carbon-sequestering crop, challenging the conventional narrative that...

GS3 (Agriculture Environment Climate Change) Environment & Ecology Economics 4m
21 21

Iran ready to let Japanese vessels transit Strait of Hormuz, say reports

Iranian Foreign Minister Abbas Araghchi announced that Tehran is prepared to allow Japan-related vessels to transit the Strait of Hormuz, with bilateral disc...

GS2 GS3 International Relations Economics 4m
21 21

Iran-Israel war LIVE: Refiners in India, elsewhere in Asia, look to buy Iranian oil after U.S. waives sanctions

Indian refiners — including state-owned IOCL, BPCL, and HPCL — are actively seeking non-Middle East crude supply as the Iran-Israel-US war enters its third w...

GS Paper 3 GS Paper 2 International Relations Economics 6m
21 21

If you still need to fly amid global travel chaos, here’s what to know

Ongoing missile and drone strikes across West Asia have led to the closure of major regional airspace, severely disrupting global aviation routes in early 20...

GS2 GS3 International Relations Economics 5m
21 21

Himachal CM Sukhu presents ₹54,928-crore budget for 2026-27

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu presented the state budget for 2026-27 with a total outlay of ₹54,928 crore, marking a significant inc...

GS2 (Federalism State Finances) GS3 (Agriculture Animal Husbandry) Economics Polity & Governance 5m
21 21

Maharashtra will be at the forefront of India’s orange economy: CM Fadnavis

Maharashtra Chief Minister Devendra Fadnavis inaugurated "Gen O – Pixels & Play," a four-day gaming and digital content festival at MMRDA Grounds, BKC, Mumba...

GS3 (Indian Economy Industrial Policy) GS2 (Governance) Economics Polity & Governance 5m
21 21

Kerala CM blames successive Congress, BJP governments at Centre for India’s cooking gas crisis

Kerala's Chief Minister Pinarayi Vijayan publicly blamed consecutive Congress and BJP-led central governments for India's ongoing cooking gas (LPG) crisis, t...

GS2 GS3 International Relations Economics 5m
21 21

CM Revanth to release first instalment of Rythu Bharosa on March 22, inaugurate oil palm factory in Siddipet

Telangana Chief Minister Revanth Reddy announced the release of the first instalment of Rythu Bharosa farm income support on March 22, amounting to ₹3,590 cr...

GS2 (Government Welfare Schemes) GS3 (Agriculture Direct Benefit Transfer) Economics Polity & Governance 5m
21 21

Refiners in India, elsewhere in Asia look to buy Iranian oil after U.S. waives sanctions

Indian refining companies confirmed they will purchase Iranian crude oil following the US Treasury's 30-day sanctions waiver, with three major Indian refinin...

GS2 GS3 Economics International Relations 4m
21 21

Air India, IndiGo, SpiceJet oppose government’s 60% free seat selection decision

The Ministry of Civil Aviation directed the Directorate General of Civil Aviation (DGCA) to instruct all airlines to designate a minimum of 60% of seats on e...

GS2 (Regulatory Bodies Consumer Protection) GS3 (Infrastructure Aviation) Economics Polity & Governance 5m
21 21

Telangana Budget FY2026-27: Government announces Indiramma Family Life Insurance scheme, ₹5 lakh each to 1.15 crore families

Telangana Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka presented the state's ₹3,24,234 crore budget for 2026-27, announcing the Indiram...

GS2 (Government Policies Social Sector) GS3 (Inclusive Growth) Economics Polity & Governance Social Issues 4m
21 21

South Korea coordinates with Iran to normalise shipping route through Strait of Hormuz

South Korea entered active diplomatic consultations with Iran and other relevant nations to secure normalisation of shipping lanes through the Strait of Horm...

GS1 GS2 GS3 International Relations Economics Geography 4m
21 21

US eases sanctions on sale of Iranian oil in transit, as Iran conflict upends global energy markets

The US Treasury, led by Secretary Scott Bessent, issued a 30-day sanctions waiver on March 20, 2026, authorising the purchase of Iranian crude oil currently ...

GS2 GS3 International Relations Economics 4m
21 21

Trump says US considering ‘winding down’ Iran ops, as US moves to ease global energy disruptions

US President Donald Trump stated on March 20, 2026 — Day 21 of the Iran war — that he was considering "winding down" military operations, citing proximity to...

GS2 GS3 International Relations Economics 4m
21 21

The week in charts: Iran war impact, US Fed decision, HDFC Bank crisis

The US Federal Reserve's Federal Open Market Committee (FOMC) voted 11-1 on March 18, 2026, to hold the benchmark federal funds rate steady at 3.5%–3.75%, ma...

GS2 (International Institutions) GS3 (Indian Economy External Sector) Economics International Relations 5m
21 21

Buying property in South Mumbai? Middle East conflict could make it costlier — here's how

The ongoing conflict involving US-Israel-Iran has triggered a cascade of cost increases in India's real estate sector, driven primarily by spiking oil prices...

GS3 (Indian Economy Infrastructure) GS2 (Effect of International Events on India) Economics International Relations 5m
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